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Sovereign Wealth Funds
- Alabama Trust Fund
Company Web-site
www.treasury.state.al.us/Content/07ATFpage.htm
Country
United States
Assets $Billion
$3.1
Inception
1986
Origin
Natural Gas
Approx wealth per citizen
$10
Company Description
The (ATF) Alabama Trust Fund was established in 1985, as an irrevocable, permanent trust fund. The ATF was established to capture future revenues from sales of offshore drilling rights and from royalties on the resulting gas production. This amendment also terminated the Heritage Trust Fund in 2001 with all trust capital transferred to the ATF.
CONTACTS
Country
United States
Company
Alabama Trust Fund
Name
Daria Story
Job title
Assistant State Treasurer
E-mail
daria.story@treasury.alabama.gov
Phone
(334) 242-7506
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